DislikedFor Ghous Any chance you could give us a quick insight into what led you to research the SFP? Meaning was it after you first learned PA and if so, why did you seek an alternative method of entry, I am of course assuming that, the large SL on a regular PA entry led you to research more into this. As is, my personal situation. EDit' Because of the nature of this post, you could always shoot me a quick PM. Don't particularly want to open a fresh can of worms, for new people to get confused with.Ignored
My attraction to SFPs was triggered by the inclusion of it by Tom i.e the wizard from the fail better thread, in his methods. While he was the one who provided me with the idea that it had the potential to be systematized, the roots of this attraction lye here, at the J16 thread and the order flow threads at FF that I would curiously visit time and again.
When reading those threads I understood how the J16 thread is basically just a condensed more streamlined, cut into sizable bites, version of order flow trading. Its amazing how the same order flow concepts were being taught here in much simpler terminology and words. Aside from this I also understood why "confluence" was important and why location was always far more important than the bar itself. I started to understand why Pin bars at swing points worked more than anywhere else. I realized why the nose needed to be protruding away from the vicinity of the preceding bars and why the long nose itself was needed for a good shaped pin bar.
All these little facts contributed to my knowledge bank and of course meant that I was (and we all were) implicitly using the SFP concept as part of a lot of the trades. It was obviously Tom who gave it substance and form and eventually intrigued me into looking deeper into the very concept of the SFP.
I returned to those order flow threads, and shoveled all the material pertaining to "stop hunts" and fake outs and the liquidity equilibrium and dis-equilibrium. What followed was more research, back testing, a lot of forward testing and trial and error. The research process is still ongoing and I am continuously looking to improve the way I trade fake outs.
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I believe . . .